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Elan Schwartzenberg has requested the insolvency of Realitatea Media, which owns the broadcasting license for Realitatea TV.

The Romanian Association of Automobile Car Parts Distributors (ADPAR) has warned the Competition Council on the violation of the Law of Competition and on the use of illegal and unfair competitive practices by Romanian insurance companies.

Luxury is more of an investment than a way of improving one"s personal image, at least according to jewelry distributors, who report increasing business in the elegant boutiques located in the central area of Bucharest.

The listing of BCR on the Bucharest Stock Exchange was stipulated in the contract for the privatization of the bank, which was signed in December 2005, but Erste and the five SIFs have decided to postpone the listing of BCR.

Mircea Ursache, the head of the department for managing the state"s interests in the economy of the Social Democrat Party (PSD), and former president of the AVAS, has a completely different opinion than Sebastian Vlădescu.

Shares issued by SAP AG and Adidas AG have been registered in the RoClear clearing-settlement and registry system, in order to perform cross-border settlement operations, starting with August 31st, the Central Depository announced yesterday.

ArcelorMittal has invested 11 million dollars in a new line for rolling cold-welded pipes, located at its plant of Iaşi.

Austrian direct investments have exceeded seven billion Euros last year, and Austrian companies last year employed almost 70,000 people, according to data sent by the Vienna Stock Exchange yesterday.

Valentin Ionescu, the managing director of the Bucharest Stock Exchange (BSE), considers that the state, through the AVAS, could intervene in order to get BCR listed on the Stock Exchange, which is something that he would like to happen.

It was never the intention of the state to increase the portfolio of the Proprietatea Fund (FP) or to increase its share capital, the minister of Finance, Gheorghe Ialomiţianu said yesterday.

Erste is extremely adamant about not wanting to take BCR public, and in order to get its wish, all it has to do is to convince one of the five SIFs, as proven by the agreement to postpone the listing which was signed in the autumn of 2009 by the...

Alexandru Matei, the former president of SIF "Moldova" (SIF2), who is currently a member of its Board of Directors, has requested an audience with the Romanian National Securities Commission (CNVM) in order to present his opinion on the...

The matches against Luxemburg and France are essential for an eventual qualification to the tryouts for the Euro 2012 tryouts, but in particular for the purse of the Romanian Football Federation as well as for the wallet of trainer Victor Piţurcă.

On Sunday, the entire country celebrated a wedding.

Countess Bettina Bernadotte (37 years old) opened the annual meeting of the winners of the Nobel prize in economics, which took place between Tuesday and Saturday, on the island of Mainau, (named "Flower Island") of Lake Constance...

• "Sanofi-Aventis" - a fourfold increase in profit  

The following lenders will offer loans for small and medium enterprises, as part of the "Cardul Kogălniceanu" ("The Kogălniceanu card") program: Alpha Bank, Banca Comercială Carpatica, Banca Transilvania, Bancpost, BRD Groupe...

• SIF "Transilvania" wants to speed up the completion of the negotiations with Erste to exploit its stake in BCR 

The price of gold saw the biggest drop in the last 18 months, amid the stabilization of speculation on the financial markets, which eroded demand from investors, according to Bloomberg.

The listing of the Proprietatea Fund on the Warsaw Stock Exchange would be a mistake, and the company should be listed in Vienna instead, where it would have a lot more exposure to institutional investors and would be less exposed to currency...

Elena Udrea is decided to put back Bucharest on the map for European tourists.

The brokers of "UniCredit CAIB" Securities recently met with the officials of SIF "Moldova" (SIF2) to present them a with a solution for building warrants using the shares that SIF2 owns in BCR as their underlying asset, sources...

The management of SIF "Banat-Crişana" (SIF1) yesterday announced, without too many details, that it will not summon the General Shareholder Meeting of Shareholders to initiate the process for listing BCR, as requested by several...

The liquidators of "Dobra, Coşoreanu& Dobra" said that they have attached four other blocks of shares owned by the AVAS located at the Central Depository, and they are preparing to put them up for sale on the Bucharest Stock Exchange,...

Reporter: We have asked the AVAS about the means it has available to force the listing of BCR.

The South Korean brokerage division of Deutsche Bank and four of its employees have been charged with destabilizing the country"s stock market, in November 2010, according to Bloomberg, quoted by Mediafax.

A true economic European government - that is what the joint French-German proposal sounds like, after the meeting of August 16th, which was held in Paris, between the heads of the two states, Nicolas Sarkozy and Angela Merkel, whose idea,...

Reporter: Is the current crisis more severe than the one of 1929-1933?

In the first half of 2011, OTP Bank Romania reported a net profit of 1.47 billion forints, after posting a loss of 2 billion forints in the similar period of last year, according to the financial statement of the Hungarian group OTP.

Starting September 9, small and medium enterprises (IMM) will be able to register for "The Kogălniceanu Card", in order to access loans with interest subsidized by the state, PM Emil Boc said on Friday.

• The settlement of the trades of shares of "Biofarm" and "Mercur" Craiova, suspended for two weeks 

Gold id the safe haven for investors, in a crisis, as proven by the sales of yellow metal, which have exploded over the course of the last two months.

The Proprietatea Fund (FP) has requested the summoning of General Extraordinary Shareholder Meetings at "Hidroelectrica" and "Nuclearelectrica", for the approval of the listing of the two companies on the Bucharest Stock Exchange...

Viorel Pană, who led the BSE between 1997 and 2001, is accusing it of lack of courage, passivity, and having a hesitant attitude, and the management of the institution is being viewed as obtuse.

At the end of June 2011, "Avioane" Craiova (symbol: AVIO) reported a turnover of 1.46 million lei, down 23% over the similar period of 2010, due to lack of contracts.

"Cocor" Bucureşti (symbol: COCR) posted a loss of 1.75 million lei, in H1 2011, according to the reporting sent to the Bucharest Stock Exchange, after the company reported a loss of 5.9 million lei in H1 2010.

The investigation by which the Competition Council has been reviewing the behavior of the banks in the context of the speculative attack of the leu of October 2008 has been completed, and its findings will be announced this autumn, said Bogdan...

An internal investigation at SIF2 "Moldova" has found that the sale of a commercial space in the of Bacău to Mr. Alexandru Matei (former president and CEO and current board member of SIF2) was made in the absence of any other competing...